June has been in recent years the time for disappointing Supreme Court rulings, and this year is no different. In a major win for corporate America, the Court effectively threw out a large sex discrimination case against Wal-Mart. The implications for class-action lawsuits in general could be even more enduring. The 9th Circuit Court of [...]

Having proven unable to sway Congress into delaying the rule that will reform debit card swipe fees and end monopolistic practices, the banking industry will do what it normally does as an alternative: they’ll take the issue to court. They will allege that the Federal Reserve, in setting a cap on the fees that banks [...]